Math Problem Statement

Given that the new equation for cost is y= 3300+ 55x, explain why the equation for money earned is now given by y = 1800 + 60x (where x is the number of jeans sold after the first 60)

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Equations
Profit and Cost Analysis

Formulas

y = 3300 + 55x
y = 1800 + 60x

Theorems

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Suitable Grade Level

Grades 9-12